November 23, 2020 | Daily JAM, Morning Briefing |
Saying on Sunday that the coronavirus surge in Nevada is running at wildfire levels, Governor Steve Sislak announced new restrictions to start on Tuesday and that will run for three weeks. The new rules will require casinos, amusement and theme parks, arcades, bars, and restaurants to reduce their capacity to 25% from the current 50%. What I think is most interesting to investors, though, is the reaction of stocks with Las Vegas exposure to the news.
September 14, 2020 | Daily JAM, Morning Briefing |
As of noon New York time today the Standard & Poor's 500 was up 1.58% and the Dow Jones Industrials had gained 1.37%. The NASDAQ Composite was higher by 2.01% and the Russell 2000 small cap index had picked up 2.11%. The iShares MSCI Emerging Markets ETF (EEM) had...
September 12, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. As...
September 9, 2020 | Daily JAM |
We've now got a little more information on AstraZeneca's (AZN) halt to its coronavirus trials that was announced yesterday. Today it's clearer that the halt will be not just in the U.K. where one participant developed what could be a adverse reaction to the vaccine....
September 8, 2020 | Daily JAM |
Clinical trials of a covid-19 vaccine being developed by AstraZeneca (AZN) and the University of Oxford have been put on hold pending a review of a “potentially unexplained illness,” the company said in a statement today. “This is a routine action which has to happen...
August 24, 2020 | Daily JAM, Morning Briefing |
Yesterdays "good news" press event from President Donald Trump started U.S. stocks on an upward trend this morning. As of noon New York time, the Standard & Poor's 500 was up 0.73% and the Dow Jones Industrial Average was ahead 0.99%. The NASDAQ Composite has...
July 20, 2020 | Daily JAM, Morning Briefing |
With 160 coronavirus vaccine candidates under development around the world, it's not surprising that we would get reports on three successful, if very early, trials today. The coronavirus vaccine that Oxford University is developing with AstraZeneca (AZN) showed...
July 18, 2020 | Daily JAM, Short Term, You Might Have Missed |
...exciting times. And while that's fun (to some people, I hear) on a roller coaster, it's not going to be fun this week as investors try to figure out how to play three big news trends. First (because it's simpler and not because it's necessarily most important)...
